Leer Electric, Inc.

$1,017,227 PPP Loan in Dillsburg, Pennsylvania

Loan Details

Loan Number
9228607103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,017,227
Current Approval
$1,017,227
Forgiveness Amount
$1,022,801
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Leer Electric, Inc.
Address
3 Barlo Circle
ZIP Code
17019
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$23.0M
Rural/Urban
Urban
Congressional District
PA-10

Loan Use Breakdown

Payroll
$652,227
Rent
$110,000
Utilities
$50,000
Health Care
$165,000
Debt Interest
$40,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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